Pursuit Attractions and Hospitality announced that it closed on the previously announced acquisition of the Jasper SkyTram, which is based in Canada’s iconic Jasper National Park. This attraction is one of Jasper’s most recognizable tourism destinations within the globally visited Canadian Rocky Mountain town.
The accessible mountain experience offers visitors of all ages and abilities the chance to ascend 2,263 meters (8,081 feet), up Whistlers Mountain via tram while taking in 360-degree national park views. Amenities on-site include an interpretive boardwalk, easy access to hiking trails, and light culinary offerings.
The purchase price was C$23.7 million (about USD $17 million) for the Jasper SkyTram, which includes a renewable long-term lease with Parks Canada, with nearly 30 years remaining.
KEY QUOTES:
“Today, we warmly welcome the Jasper SkyTram to Pursuit. Led by GM Todd Noble and his strong local team, we are committed to the long-term investment of this iconic attraction, in ensuring its continued legacy as an important tourism pillar, and in creating an exceptional hospitality experience for guests and staff.”
- Stuart Back, Chief Operating Officer, Banff Jasper Collection by Pursuit
“Pursuit has a long-standing history of delivering exceptional guest experiences throughout the Canadian Rockies. Together with the experienced Jasper SkyTram team, we look forward to finalizing our plans to invest in the refresh and renewal of this important Jasper landmark. As we enter 2025, we will continue to work closely with the community, Parks Canada and our tourism partners to ensure Jasper’s thoughtful and sustainable growth.”
- David Barry, President and Chief Executive Officer, Pursuit
